ISLAMIC State (ISIS) is carrying out devastating terror attacks on the West for as little as £2,000, a study has revealed.

ISLAMIC State (ISIS) is carrying out devastating terror attacks on the West for as little as £2,000

The string of attacks in France, which have killed more than 200 people in less than two years, were funded by jihadis selling cheap ‘made in China’ clothes and accessories on the black market, as well as insecure consumer loans.

Researchers at the Centre for the Analysis of Terrorism in Paris combed the bank accounts of bloodthirsty jihadis behind the Charlie Hebdo, Bataclan and Nice attacks.

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The perpetrators of the January 2015 attacks, which targeted Charlie Hebdo and a Jewish supermarket – Amedy Coulibaly and brothers Chérif and Saïd Kouachi – spent a combined total of £23,000.

More than £18,000 was used to buy a range of heavy weapons, including two sub-machine guns and two semi-automatic pistols, and a rocket launcher.

Between them, Coulibaly and the Kouachi brothers killed 17 people: 12 people were killed in the attack on the Charlie Hebdo newsroom, and four people were killed in the attack on a Jewish supermarket. A female police officer was also shot dead by Mr Coulibaly.

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The attacks at Charlie Hebdo cost an estimated £23,000

The November 13 Paris attacks – when shootings at the Bataclan theatre and bomb blasts left 130 people dead and hundreds more wounded – were the most “expensive and complex” said the CAT researchers, and cost the radical Islamists a total of £73,000.

According to French weekly le Journal du Dimanche, where the study was published, ISIS chiefs gave each terrorist £2,600 to spend on the attacks - the rest they paid for themselves.

Two of the attackers, brothers Salah and Brahim Abdeslam, ran a bar in Molenbeek, Belgium, and took money directly from the till.

Hasna Aitboulahcen, the cousin of Abdelhamid Abaaoud, the ringleader behind the Paris massacre, gave the terrorists £3,500 before blowing herself up.

The extremists spent £24,000 on travel, £17,000 on secret hideouts, and £14,000 on suicide vests and guns, including six AK-47 rifles.

In addition, the ISIS executioners spent £10,000 on rental cars, and £7,000 on phones and fake ID.

The Nice attack, which took place on July 14 whilst crowds were busy celebrating Bastille Day, the French ‘Independence Day’, was the least expensive, and cost ISIS fanatic Mohamed Lahouaiej-Bouhlel no more than £2,200.

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The attacks in nice were the least expensive and cost no more than £2,200

Mr Lahouaiej-Bouhlel, who has been described as a “sex-obsessed, pork-eating alcoholic”, used the money to buy a gun and to rent the 19-tonne lorry he used to plough through the Bastille Day crowds. The ISIS convert killed 86 people during the attack, including 30 Muslims.

CAT researchers also said that suspected terrorists’ bank accounts should be checked on a regular basis, as keeping an eye on their financial transactions could help prevent future attacks.